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E1 Exam Dumps : Managing Finance in a Digital World

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Managing Finance in a Digital World Questions and Answers

Question 1

YZ Company has grown rapidly and has recently recruited a finance director to set up a more structured finance function. During this process care will be needed to ensure effective lines of communication between different disciplines within the whole function and to recognise the interdependencies.

 

Which of the following are examples of the interdependence of elements of the finance function?

 

Select ALL that apply.

Options:

A.

Variance analysis reporting

B.

Taxation management

C.

Budget management

D.

Management reporting

E.

Statutory financial reporting

F.

Internal auditing

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Question 2

Company Y is very bureaucratic. The managers attend high numbers of planning meetings and the employees often complain of being micro-managed. According to Hofstede, which dimension is being described within the culture of Company Y?

Options:

A.

Uncertainty avoidance

B.

Power distance

C.

Long-term orientation

D.

Masculinity

Question 3

The growth and success of virtual teams have been a result of which THREE developments becoming available to organisations?

Options:

A.

Computer-aided design processes

B.

Accurate systems of inventory management

C.

Safe transfer of funds electronically

D.

Remote on-line meetings

E.

Electronic information sharing

F.

Efficient broadband connections